Bitcoin traders are ready for $19,000 BTC after the latest squeeze higher.
The pair had begun byat the Dec. 8 Wall Street open, this snowballing to see it challenge one-month highs from Dec. 5.
“Lows cleaned up and as if on cue Binance apes showing up to support the mid 16k's,” part of accompanying comments read. At the time of writing, 4-hour candles remained near the upper band, with both still expanding in a classic prelude to increased volatility.“Expecting continuation for Bitcoin as long as we stay above $17K,” Michaël van de Poppe, founder and CEO of trading firm Eight,Liquidations fuel BTC price run-up
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